Getting a Long Term Care Insurance Quote

If you have decided to invest in long term care insurance, you will want to get the most affordable policy you can for your individual situation. If you search online for a quote, you will more than likely get a variety of different long term care insurance quotes. The reason is that each insurance company sets its own rates, which means that a bit of research can save you a lot of money. Each insurance company has the type of client it would like to attract.

 

  • Tax Advantages of Long Term Care Insurance

    by Michele Postler, Monday, January 14, 2013

    Everyone loves a tax break and if you didn’t know already, some situations allow long term care insurance premiums to become tax deductible. The future of long term care insurance is that it is inevitable, meaning it’s inevitable that you will need it at some point in your life. People are taking care of their health more and more and so they are living longer.

  • The Hard Facts of Long Term Care Insurance

    by Michele Postler, Thursday, December 20, 2012

    Unfortunately the Community Living Assistance Service and Supports (CLASS) Act was repealed earlier this month. This would have created a voluntary system that allowed employees to contribute to a government operation to provide long term care services to people that wanted it.

  • Save Annually On Your Premiums

    by Michele Postler, Friday, December 14, 2012

    Buying long term health care for yourself and your loved ones is one of the best choices you can make. The premium can be high, as much as $1,700.00 annually, but when compared to having to pay for long term care out of pocket in the future, it is a solid investment. The knowledge that any long term care expenses are being taken care of is a major relief to most people.

  • Preparing For Nursing Care and More

    by Michele Postler, Thursday, December 13, 2012

    Nursing home care costs approximately $70,000 per year. The expense of 24-hour home care provider can be astronomical, and even a willing family is frequently unable to contribute much. If you plan ahead, long term care insurance can save you a fortune in the future, and it should be a crucial component of your retirement planning.

  • You Can’t Afford to be Cheap with Long Term Care Insurance

    by Michele Postler, Wednesday, December 12, 2012

    The good news is that a lot of people are living longer; the bad news is that they may not be able to fund this longer life. If you are in a middle class tax bracket you will not qualify for Medicaid from the government. So you will have to fund the long term care insurance (or LTCI) yourself.